Wave Money Partners with MoneyGram to Launch International Remittance Services to Myanmar
Digital Money Myanmar (Wave Money), Myanmar’s leading mobile financial services provider, is proud to announce a strategic partnership with MoneyGram International, a global leader in cross-border money transfers. Through this partnership, Myanmar customers can now receive international remittances via MoneyGram directly into their Wave Wallet, at any Wave Money agent location nationwide, or into a Yoma Bank account.
Starting July 9, 2025, people across Myanmar will be able to conveniently access remittances sent from over 200 countries and territories using the MoneyGram network. The new service is designed to make receiving money faster, easier, and more secure, especially for families of Myanmar nationals working overseas.
Special Launch Offer: Transfer Fees Waived
To celebrate the launch, MoneyGram will waive transfer fees for customers sending money to Myanmar during the introductory period—from July 9 to August XX, 2025. This limited-time promotion allows overseas workers and their families to test the service at zero cost.
Multiple Ways to Receive Money
Through this partnership, Myanmar recipients can choose how they want to receive their funds:
- Directly into their Wave Wallet
- Deposit directly into Yoma Bank accounts or withdraw transferred funds at any Yoma Bank branch nationwide
With Wave Money’s wide reach and MoneyGram’s global footprint, this partnership delivers a highly accessible and reliable remittance experience.
Trusted, Global Reach
MoneyGram is a recognized global leader in money transfer space, with a network spanning over 430,000 agent locations worldwide. With this integration, Wave Money users benefit from:
- Fast delivery of international funds
- Secure and regulated transactions
- Flexible access via mobile wallet, bank deposit, or agent pickup
The partnership further strengthens Wave Money’s position in the fintech space and aligns with its mission to empower lives through safe, affordable, and inclusive financial services.
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About Wave Money
Wave Money is Myanmar’s leading mobile financial services provider, offering secure and convenient solutions for money transfers, payments, bill pay, and more. With over 50,000 agents nationwide, Wave Money has transformed the way Myanmar accesses financial services.
About MoneyGram International
MoneyGram International, Inc. is a global leader in the evolution of digital P2P payments. With one of the world’s most extensive transfer networks, MoneyGram enables families and individuals to move money quickly and securely around the world.
